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I remember when Nike chose it's headquarters in Oregon. The scene of the world has changed since then.  For Nike to stay competitive, it needs to move production to other countries and increase it's sales in the US.  It is simple, production jobs are being replaced by higher income jobs in the US.  The TPP would be good for Nike because of the cost of trade barriers.  I watched all videos but what caught my eye is that in the TPP, there are rules to protect the environment and labor laws.  Nike wouldn't have to pay the high price of those issues if they have production outsourced.  President Obama's video brought out that 95% of the consumers in the world are outside the US borders but they want American products.  A company like Nike would need to reach as many consumers as possible. 

http://www.cbsnews.com/news/why-obama-picked-nike-to-pitch-trade/

The TPP doesn't include China so other countries would make deals with China and the US would loose out.   Sanders was talking about everything made in China but the TPP is involving other countries.  Sanders stated "the TPP is an easy way for corporations to shut down in America and send more jobs abroad".  Production is gone in the US so companies that don't go abroad will fail and then more jobs would be lost.  In Trumps video, he stated that "We need smart people making trade deals and we don't have smart people making the deals".  But the speaker came back with the statement that "It is a mistake to give up the power of trade deals to the presidency".  Of all the videos, I agree with Obama and the TPP agreement. Obama said "America exported $2 trillion in goods and services.  The exports support over 12 million American jobs. The US is writing the rules for the global economy".

AccountingQueen

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Status NEW Posted 19 Sep 2017 02:09 PM My Price 5.00

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